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Nov 19, 2012
11/12
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>> bring our deficit down it a really manageable number. i'm okay with whatever they do as long as they get this country going again. >> okay. with whatever as long as they get this country going again. well, maybe thanksgiving has come early this year. let's get right to our panel. in washington, democratic strategist julian epstein and in chicago professor james peterson of lehigh university. good afternoon. julian, it seems mitt romney's legacy will include something other than just deriding 47% of the nation as parasights because his idea of capping deductions is being discussed but will this produce enough revenue and will democrats be satisfied if taxes do not go up for the top 2% given what the president has already said? >> it's not that democrats want taxes to go up for anybody. it's just that the math doesn't work otherwise. if you begin to cap deductions, you may get taxes to 16% or 16.5% of gdp, but there is no republican in the congress that proposes spending to be less than 19% or 20% of gdp. even if you take the republicans'
>> bring our deficit down it a really manageable number. i'm okay with whatever they do as long as they get this country going again. >> okay. with whatever as long as they get this country going again. well, maybe thanksgiving has come early this year. let's get right to our panel. in washington, democratic strategist julian epstein and in chicago professor james peterson of lehigh university. good afternoon. julian, it seems mitt romney's legacy will include something other than...
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Jun 6, 2012
06/12
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he has trillion dollar deficits for the next ten years. you can criticize paul ryan and criticize the republicans and the senate has not produced a budget in over three years. the democrats aren't serious about fiscal responsibility. >> these are silly points. >> wait. >> let me say this. >> if it is silly, julian, why thaent they produced a budget in three years. >> let me explain that. they're never paid attention to anyway. what matters is proengss bills which the senate has done. when your president, president bush game into office we had a projected $6 trillion surplus. he left us with an $11 trillion debt. >> let julian finish. >> we were in a recession and we have come from losing 800,000 jobs a month, ron, to gaining about 200,000 on average. >> funny, martin, it is always i have to wait for them but you cut me off. >> no, no. >> wait. >> it is just courtesy when he is speaking. >> and the courtesy would be nice to be shown as well. >> it is being extended even as we speak. >> even as we week. you know darn well, you're a daughter.
he has trillion dollar deficits for the next ten years. you can criticize paul ryan and criticize the republicans and the senate has not produced a budget in over three years. the democrats aren't serious about fiscal responsibility. >> these are silly points. >> wait. >> let me say this. >> if it is silly, julian, why thaent they produced a budget in three years. >> let me explain that. they're never paid attention to anyway. what matters is proengss bills which...
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Dec 6, 2012
12/12
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obama has this fetish of we've got to raise the rates on the top two because we're going to raise the deficit. >> who knew a balanced approach could be characterized as an obsession that evokes an erotic response. what this is about is the president drawing attention to a dirty little secret, their own fetish that republicans just don't like to hear ventilated in public. according to the congressional budget office in the years since 1979 as federal taxation has become less progressive, the income of the top 1% has grown by over
obama has this fetish of we've got to raise the rates on the top two because we're going to raise the deficit. >> who knew a balanced approach could be characterized as an obsession that evokes an erotic response. what this is about is the president drawing attention to a dirty little secret, their own fetish that republicans just don't like to hear ventilated in public. according to the congressional budget office in the years since 1979 as federal taxation has become less progressive,...
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Dec 10, 2012
12/12
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but if we're serious about reducing our deficit, we've also got to be serious about investing in the thiges that help us grow and make the middle class strong. >> as for speaker boehner, he continued his political posturing today with a statement. quote, the republican offer made last week remains the republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. that said, an increasingly limber group of republicans are showing flekx 5eb89 on higher rates for top earners arguing raising rates on the rich will give them greater leverage on spending cuts. >> a lot of people are putting forth a theory and i actually think it has merit where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden the shift goes back to entitlements. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> i don't know. perhaps democrats have been giving republicans yoga gift cards for
but if we're serious about reducing our deficit, we've also got to be serious about investing in the thiges that help us grow and make the middle class strong. >> as for speaker boehner, he continued his political posturing today with a statement. quote, the republican offer made last week remains the republican offer, and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. that said, an...
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Aug 17, 2012
08/12
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this is at a time when we're supposed to be tackling the deficit. that's absurd and how will they pay for those new tax cuts? well, they'd raise middle class tax cuts and those on struggling peop people and cut at the very investments we need. >> speaking of taxes and individual taxes, you know, governor romney obviously has not wanted to talk much about his own taxes and in your race, tommy thompson hasn't wanted to talk about his. >> when i was governor and i was employed, i released my tax returns. in the business world, the question is i'm going to release my tax return, the answer is no. no. the answer is n-o. what part don't you understand? >> tommy thompson not going to release his taxes. i can't imagine that's playing well with voters. >> it isn't. i released my taxes for ten years. several months ago and i issued a challenge to all the republican candidates in the primary field do the same. i'm very disappointed and the reason i think it's relevant is this tax rate issue. this fundamental fairness issue. we know from tommy thompson's financ
this is at a time when we're supposed to be tackling the deficit. that's absurd and how will they pay for those new tax cuts? well, they'd raise middle class tax cuts and those on struggling peop people and cut at the very investments we need. >> speaking of taxes and individual taxes, you know, governor romney obviously has not wanted to talk much about his own taxes and in your race, tommy thompson hasn't wanted to talk about his. >> when i was governor and i was employed, i...
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May 21, 2012
05/12
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paul krugman, no less, a nobel laureate on friday describe ryan's budget as being horrendous for the deficit and said mitt romney was just as foolish as well. >> well, look. it is una apologetically ending medicare as we know it. he doesn't use that phrase, of course. >> no, he says he will prevent medicare cuts. >> he says medicare would enany way under the existing because it would go out of money. basically, the only question among republicans, he is turning it into a privatized, private base system over a period of time. the thing that some in the senate have done is trying to turn it into a private system two years from now. that's what rand paul would do. so rand paul does make paul ryan look like a european socialist. so you have to keep it in perspective. >> going back for a moment, we saw cory booker's statement earlier and then subsequently he issued his own brilliant apology, correction, whatever you want to callett. what did you think of that? >> i think when cory booker was sitting there on "meet the press," he was saying what he believed. he lives in a state, new jersey, that i
paul krugman, no less, a nobel laureate on friday describe ryan's budget as being horrendous for the deficit and said mitt romney was just as foolish as well. >> well, look. it is una apologetically ending medicare as we know it. he doesn't use that phrase, of course. >> no, he says he will prevent medicare cuts. >> he says medicare would enany way under the existing because it would go out of money. basically, the only question among republicans, he is turning it into a...
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Apr 4, 2012
04/12
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we've had budget deficits, no balanced budget -- >> we're talking about the current campaign. when we have time, we will discuss recent history, the last four decades. but i'm using those words to describe mr. gingrich's campaign, pathetic, sad, collapse, failure, crisis. >> well, look, those are your words. as i say, i truly believe that newt gingrich has the most experience. he knows what to do. he would know how to balance the budget. he would know how to come to washington and change the culture. there are people here who don't want that change. the professional class of the republican party has organized and worked against him. their candidate is mitt romney. mitt romney has half the delegates but probably the weakest front runner perhaps in american history. you need overwhelming majorities to win presidencies. you will need it to beat barack obama and you'll need it to win the senate majority. it appears now we're on our way not to win that. we don't have built-in turnout ma sheens. we have to energize our grassroots and they are not energized. you covered about mitt ro
we've had budget deficits, no balanced budget -- >> we're talking about the current campaign. when we have time, we will discuss recent history, the last four decades. but i'm using those words to describe mr. gingrich's campaign, pathetic, sad, collapse, failure, crisis. >> well, look, those are your words. as i say, i truly believe that newt gingrich has the most experience. he knows what to do. he would know how to balance the budget. he would know how to come to washington and...
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Sep 17, 2012
09/12
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new manufacturing jobs and to strengthen our energy sector and improve education and bring down our deficit and turn the page on a decade of war. that's what i intend to accomplish in the next four years. that's why i'm running for a second term. often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] you can't argue with nutrition you can see. great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like natural grains. i'm eating what i know is better nutrition. mmmm. great grains. search great grains and see for yourself. >>> this moment the president is making his second appearance of the day in the key battleground state of ohio trav. traveling with the president is nbc correspondent kristin welker. we have just 50 days until the election. the president is enjoying a notable lead over mr. romney in ohio, seven
new manufacturing jobs and to strengthen our energy sector and improve education and bring down our deficit and turn the page on a decade of war. that's what i intend to accomplish in the next four years. that's why i'm running for a second term. often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call...
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Mar 23, 2012
03/12
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repealing the affordable care act would raise the deficit and put medicare on an accelerated path toward insolve yhency. >> they left out the good news. ben labolt, thank you for joining me. >> thanks for having me. >>> stay with us. today's top lines are coming up. >> you don't think it affects y'all on a direct basis. you all. i'm not -- i'm not trying to pretend like i'm from louisiana. [ male announcer ] if you think tylenol is the pain reliever orthopedic doctors recommend most for arthritis pain, think again. and take aleve. it's the one doctors recommend most for arthritis pain. two pills can last all day. ♪ i get my cancer medications through the mail. now washington, they're looking at shutting down post offices coast to coast. closing plants is not the answer. they want to cut 100,000 jobs. it's gonna cost us more, and the service is gonna be less. we could lose clientele because of increased mailing times. the ripple effect is going to be devastating. congress created the problem. and if our legislators get on the ball, they can make the right decisions. hey officer how's it
repealing the affordable care act would raise the deficit and put medicare on an accelerated path toward insolve yhency. >> they left out the good news. ben labolt, thank you for joining me. >> thanks for having me. >>> stay with us. today's top lines are coming up. >> you don't think it affects y'all on a direct basis. you all. i'm not -- i'm not trying to pretend like i'm from louisiana. [ male announcer ] if you think tylenol is the pain reliever orthopedic doctors...